As we know, Bitcoin had reached at it's peak of $19k during the end of the year and after that it went to a deep decline.
People are hoping that the same momentum will take place this year too. So if this happens, won't people be ready for buying at this price.
Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?
P.S : My point is, we can't expect the price to rise and fall the same way as the last year.
Those people who will not sell their coins immediately when the price of bitcoins reached that high are just greedy and they want more profit and come up losing everything because the market is volatile and the price might go down anytime.
People can not sell in the current market as we know that it is a loss for those investors who invested in high market of normal market and this time we are in a low market so this is a clear loss. They have to wait for a good opportunity and the good opportunity is to wait for a high market where the value of your holding coins will be high and this will payoff if you do so.